Montenegro's public debt rises to 44.5% of GDP in Jan-Nov 2011.

By bne IntelliNewsJanuary 9, 2012

The state debt of Montenegro reached EUR 1,457.5mn or 44.5% of GDP in January-November 2011, the finance ministry reported. The debt has narrowed by 0.7% compared to the previous month when it stood at 44.3% of the projected end-year GDP. Foreign debt amounted to EUR 1,069.4mn or 32.6% of GDP, while domestic debt stood at EUR 388.1mn or 11.9% of GDP.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

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